Toward the Promotion of Khmer Riel in Wage Payments

Toward the Promotion of Khmer Riel in Wage Payments

March 20, 2026

This study examines the dollarization issue in Cambodia, focusing on the garment, footwear, and travel goods and bag sector of the country. Particularly, we analyze the impact of currency mismatches on household welfare, examine the landscape of currency usage in the surveyed sector, and examine the perceptions of wage payments in Khmer Riel (KHR) of respondents from both worker and factory sides. The worker-side survey was conducted between March 15 and 31, 2023, with 1,068 total respondents. The factory-side survey took place from March 20 to May 27, 2023, and covered 114 factories across multiple locations, including Phnom Penh and four provinces in Cambodia.

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